Australia will increase foreign investment in key resources related to electric vehicles and clean energy, which is a potential warning of China currently dominated by this market.
According to Bloomberg, the Australian State Treasury Minister Jim Chalmers said at a meeting held on Friday (November 25) that the State Treasury and Foreign Investment Review Committee and other stakeholders have been requiredCooperate to review foreign investment in lithium, rare earth and other industries.
Chammer said: "In the long run, we need to more firmly encourage investment that obviously meets our national interests."After the influence of critical supply chains, Australia also added the leading position in the field of lithium battery and renewable energy technology.The Canadian government has previously ordered the three Chinese -funded companies to withdraw money from the three lithium miners in the country.
